Submitted by fred_fotch t3_zvaijm in dataisbeautiful
OrderOfMagnitude t1_j1rojxc wrote
Reply to comment by beerbaconblowjob in [OC] State by State Housing Price Growth since 1975 by fred_fotch
Scalping houses is only an investment in the sense that you spend now and profit later. It's not actually doing anything productive.
Investing in businesses, although riskier, has the benefit of growing the economy and helping everyone.
In Japan, where quantitative easing was invented, there were strict investment rules to make sure that investors were investing in real investments and not just the real estate speculation that fucked up their economy. Such rules haven't existed here which is why most free covid money got "invested" in houses, causing rampant speculation.
"I'm just investing" haha go invest in a real business or call yourself what you are: a scalper and a parasite.
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